Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)

6 Months Ended

Jul. 12, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Summary of Reclassifications Out of AOCI

During the twelve and twenty-eight weeks ended July 12, 2025 and July 13, 2024, reclassifications out of AOCI were as follows (amounts in thousands):


		Amount Reclassified from AOCI
		For the Twelve Weeks Ended								Affected Line Item in the Statement
Details about AOCI Components (Note 2)		July 12, 2025				July 13, 2024				Where Net Income is Presented
Derivative instruments:
Interest rate contracts		$	211			$	115			Interest expense
Commodity contracts			57				(143	)		Cost of sales, Note 3
Total before tax			268				(28	)		Total before tax
Tax (expense) benefit			(67	)			7			Income tax expense
Total net of tax			201				(21	)		Net of tax
Pension and postretirement plans:
Prior-service credits			48				41			Note 1
Actuarial gain			44				31			Note 1
Total before tax			92				72			Total before tax
Tax expense			(23	)			(18	)		Income tax expense
Total net of tax			69				54			Net of tax
Total reclassifications		$	270			$	33			Net of tax

		Amount Reclassified from AOCI
		For the Twenty-Eight Weeks Ended								Affected Line Item in the Statement
Details about AOCI Components (Note 2)		July 12, 2025				July 13, 2024				Where Net Income is Presented
Derivative instruments:
Interest rate contracts		$	437			$	268			Interest expense
Commodity contracts			483				(1,029	)		Cost of sales, Note 3
Total before tax			920				(761	)		Total before tax
Tax (expense) benefit			(230	)			190			Income tax expense
Total net of tax			690				(571	)		Net of tax
Pension and postretirement plans:
Prior-service credits			112				95			Note 1
Actuarial gains			102				74			Note 1
Total before tax			214				169			Total before tax
Tax expense			(54	)			(42	)		Income tax expense
Total net of tax			160				127			Net of tax
Total reclassifications		$	850			$	(444	)		Net of tax

Note 1: These items are included in the computation of net periodic pension cost and are reported in the other components of net periodic pension and postretirement benefits credit line item on the Condensed Consolidated Statements of Income. See Note 19, Postretirement Plans, for additional information.

Note 2: Amounts in parentheses indicate debits to determine net income.

Note 3: Amounts are presented as an adjustment to reconcile net income to net cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows.

Changes to AOCI, Net of Income Tax

During the twenty-eight weeks ended July 12, 2025, changes to AOCI, net of income tax, by component were as follows (amounts in thousands and parentheses denote a debit balance):


		Cash Flow Hedge Items				Defined Benefit Pension Plan Items				Total
AOCI at December 28, 2024		$	7,087			$	(257	)		$	6,830
Other comprehensive income before reclassifications			(1,769	)			—				(1,769	)
Reclassified to earnings from AOCI			(690	)			(160	)			(850	)
AOCI at July 12, 2025		$	4,628			$	(417	)		$	4,211

During the twenty-eight weeks ended July 13, 2024, changes to AOCI, net of income tax, by component were as follows (amounts in thousands and parentheses denote a debit balance):


		Cash Flow Hedge Items				Defined Benefit Pension Plan Items				Total
AOCI at December 30, 2023		$	963			$	(342	)		$	621
Other comprehensive income before reclassifications			(122	)			—				(122	)
Reclassified to earnings from AOCI			571				(127	)			444
AOCI at July 13, 2024		$	1,412			$	(469	)		$	943

Gain (Loss) Reclassified From AOCI for Commodity Contracts

The following table presents the net of tax amount reclassified from AOCI for our commodity contracts (amounts in thousands and positive value indicates credits to determine net income):


		For the Twenty-Eight Weeks Ended
		July 12, 2025				July 13, 2024
Gross gain (loss) reclassified from AOCI into net income		$	483			$	(1,029	)
Tax benefit			(122	)			257
Net of tax		$	361			$	(772	)